--- title: "Meaning & Key Takeaway of: We have no intention of shutting down…" description: "\"We have no intention of shutting down plants. We have always said there will be no redundancies or lay-offs as a result of this merger.\" — Lakshmi Mittal" image: "https://sms4smile.com/quotes/i/471/lakshmi-mittal-19457_intention_we-have-no-intention-of-shutting-down-pl_252376.jpg" --- # We have no intention of shutting down plants. We have… ![“We have no intention of shutting down plants. We have always said there will be no redundancies or lay-offs as a result of this merger.” quote by Lakshmi Mittal](https://sms4smile.com/quotes/i/471/lakshmi-mittal-19457_intention_we-have-no-intention-of-shutting-down-pl_252376.jpg) [Download](https://sms4smile.com/quotes/i/471/lakshmi-mittal-19457_intention_we-have-no-intention-of-shutting-down-pl_252376.jpg) [Open image](https://sms4smile.com/quotes/i/471/lakshmi-mittal-19457_intention_we-have-no-intention-of-shutting-down-pl_252376.jpg) > “We have no intention of shutting down plants. We have always said there will be no redundancies or lay-offs as a result of this merger.” [Lakshmi Mittal](https://sms4smile.com/quotes/author/lakshmi-mittal/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. The speaker promises job security and no plant closures despite the merger, aiming to reassure stakeholders. **In simple terms:** No layoffs or plant shutdowns promised. Key Takeaway Maintain confidence in the merger. Themes business communication reassurance Mood cautious reassuring Type statement corporate When to use this quote - shareholder meeting - employee briefing - public statement Key Concepts corporate strategy employee relations Questions to Reflect On - How will the company handle unexpected financial strain? - What measures ensure job security? A Different Perspective Promises may be hard to keep if financial pressures arise. ★ ★ ★ ★ ★ No ratings yet [Intention](https://sms4smile.com/quotes/about/intention/) [Lays](https://sms4smile.com/quotes/about/lays/) [Merger](https://sms4smile.com/quotes/about/merger/) [Mergers](https://sms4smile.com/quotes/about/mergers/) [Motivational](https://sms4smile.com/quotes/about/motivational/) [Plant](https://sms4smile.com/quotes/about/plant/) [Plants Said](https://sms4smile.com/quotes/about/plants-said-2507766/) [Redundancies Lay](https://sms4smile.com/quotes/about/redundancies-lay-2507767/) [Redundancy](https://sms4smile.com/quotes/about/redundancy/) [Result Merger](https://sms4smile.com/quotes/about/result-merger-2507765/) [Results](https://sms4smile.com/quotes/about/results/) [Said](https://sms4smile.com/quotes/about/said/) [Shutting down](https://sms4smile.com/quotes/about/shutting-down/) [Shutting Plants](https://sms4smile.com/quotes/about/shutting-plants-1951211/) ## Related quotes > [What we have seen for a very long time is large corporations shutting down plants in this country, plants that are often profitable, in…](https://sms4smile.com/quotes/bernie-sanders/what-we-have-seen-for-a-very-long-time-is-large-corporations-shutting/) [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) > [When you look at what's happening in Mexico, a friend of mine who builds plants said it's the eighth wonder of the world. They're…](https://sms4smile.com/quotes/donald-trump/when-you-look-at-what-s-happening-in-mexico-a-friend-of-mine-who/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [“Though differing greatly from animals and leading a sedentary life there are plants which are said to live for hundreds of years, forming a…](https://sms4smile.com/quotes/justin-ascott/though-differing-greatly-from-animals-and-leading-a-sedentary-life/) [Justin Ascott](https://sms4smile.com/quotes/author/justin-ascott/) > [There will be no job cuts arising out of this merger in Europe - this is in the interest of jobs in Europe.](https://sms4smile.com/quotes/lakshmi-mittal/there-will-be-no-job-cuts-arising-out-of-this-merger-in-europe-this/) [Lakshmi Mittal](https://sms4smile.com/quotes/author/lakshmi-mittal/) > [Ozone and climate are global issues, and it's hard to find a way in which the benefits of shutting down carbon emissions are going…](https://sms4smile.com/quotes/ramez-naam/ozone-and-climate-are-global-issues-and-it-s-hard-to-find-a-way-in/) [Ramez Naam](https://sms4smile.com/quotes/author/ramez-naam/) > [Education Secretary Arne Duncan spurned the opportunity to condemn thousands of Wisconsin public school teachers for lying about being 'sick' and shutting down at…](https://sms4smile.com/quotes/michelle-malkin/education-secretary-arne-duncan-spurned-the-opportunity-to-condemn/) [Michelle Malkin](https://sms4smile.com/quotes/author/michelle-malkin/) > [The owners don't win by having a lockout. Shutting down your business is not good for anybody and it's certainly not good for the…](https://sms4smile.com/quotes/roger-goodell/the-owners-don-t-win-by-having-a-lockout-shutting-down-your-business/) [Roger Goodell](https://sms4smile.com/quotes/author/roger-goodell/) > [The idea that the United States of American might shut down its government over abortion and funding to an organization that is 0.01% of…](https://sms4smile.com/quotes/katty-kay/the-idea-that-the-united-states-of-american-might-shut-down-its/) [Katty Kay](https://sms4smile.com/quotes/author/katty-kay/) > [Fear, anger, stubbornness, and distrust portray themselves as your rescuers. Actually these energies only make you more closed off. Tell yourself: Nobody ever solved…](https://sms4smile.com/quotes/deepak-chopra/fear-anger-stubbornness-and-distrust-portray-themselves-as-your/) [Deepak Chopra](https://sms4smile.com/quotes/author/deepak-chopra/) > [In a global race, can we really justify the huge number of expensive peripheral European institutions? Can we justify a commission that gets ever…](https://sms4smile.com/quotes/david-cameron/in-a-global-race-can-we-really-justify-the-huge-number-of-expensive/) [David Cameron](https://sms4smile.com/quotes/author/david-cameron/) > [I was in end stage heart failure, liver and kidneys shutting down, and on an emergency basis they went in and planted a pump…](https://sms4smile.com/quotes/dick-cheney/i-was-in-end-stage-heart-failure-liver-and-kidneys-shutting-down-and/) [Dick Cheney](https://sms4smile.com/quotes/author/dick-cheney/) > [I was coming out of a bar in Manhattan in the rain at night. I felt lonely. Then I thought: there is nothing lonelier…](https://sms4smile.com/quotes/matthew-rohrer/i-was-coming-out-of-a-bar-in-manhattan-in-the-rain-at-night-i-felt/) [Matthew Rohrer](https://sms4smile.com/quotes/author/matthew-rohrer/) > [If you start painting yourself into a corner, life starts shutting down. There is always hopefully a next.](https://sms4smile.com/quotes/les-wexner/if-you-start-painting-yourself-into-a-corner-life-starts-shutting/) [Les Wexner](https://sms4smile.com/quotes/author/les-wexner/) > [You may have succeeded in shutting down the attack simulation, girl, but it was by luck alone, not skill. I would die of shock…](https://sms4smile.com/quotes/veronica-roth/you-may-have-succeeded-in-shutting-down-the-attack-simulation-girl/) [Veronica Roth](https://sms4smile.com/quotes/author/veronica-roth/) > [LEGO has announced that they are shutting down their U.S. factory and moving it to Canada. LEGO employees say it's their fault because they…](https://sms4smile.com/quotes/conan-o-brien/lego-has-announced-that-they-are-shutting-down-their-u-s-factory-and/) [Conan O'Brien](https://sms4smile.com/quotes/author/conan-o-brien/) ## More by Lakshmi Mittal > [At the end of the day you have to keep emotions away.](https://sms4smile.com/quotes/lakshmi-mittal/at-the-end-of-the-day-you-have-to-keep-emotions-away/) [Lakshmi Mittal](https://sms4smile.com/quotes/author/lakshmi-mittal/) > [It's difficult for them to do a deal at these levels.](https://sms4smile.com/quotes/lakshmi-mittal/it-s-difficult-for-them-to-do-a-deal-at-these-levels/) [Lakshmi Mittal](https://sms4smile.com/quotes/author/lakshmi-mittal/) > [This is not about creating a giant. It's about creating the sustainability of the steel industry.](https://sms4smile.com/quotes/lakshmi-mittal/this-is-not-about-creating-a-giant-it-s-about-creating-the/) [Lakshmi Mittal](https://sms4smile.com/quotes/author/lakshmi-mittal/) > [I have confidence that the government of Luxembourg will not make any decision that frustrates this transaction.](https://sms4smile.com/quotes/lakshmi-mittal/i-have-confidence-that-the-government-of-luxembourg-will-not-make-any/) [Lakshmi Mittal](https://sms4smile.com/quotes/author/lakshmi-mittal/) > [We are not in the business of iron ore. Whatever captive iron ore sources we have, we use it to make steel.](https://sms4smile.com/quotes/lakshmi-mittal/we-are-not-in-the-business-of-iron-ore-whatever-captive-iron-ore/) [Lakshmi Mittal](https://sms4smile.com/quotes/author/lakshmi-mittal/) > [It is true that we are interested in scale but there are very sound reasons for this.](https://sms4smile.com/quotes/lakshmi-mittal/it-is-true-that-we-are-interested-in-scale-but-there-are-very-sound/) [Lakshmi Mittal](https://sms4smile.com/quotes/author/lakshmi-mittal/) > [It is a high for me. It is my biggest and most satisfying deal.](https://sms4smile.com/quotes/lakshmi-mittal/it-is-a-high-for-me-it-is-my-biggest-and-most-satisfying-deal/) [Lakshmi Mittal](https://sms4smile.com/quotes/author/lakshmi-mittal/) > [I came from a Hindi medium school... the principal felt that I would not fit into an English medium college. Though I was top…](https://sms4smile.com/quotes/lakshmi-mittal/i-came-from-a-hindi-medium-school-the-principal-felt-that-i-would-not/) [Lakshmi Mittal](https://sms4smile.com/quotes/author/lakshmi-mittal/) > [We are pleased with the very positive reception our offer has received, and are confident that progress is being made towards establishing the regulatory…](https://sms4smile.com/quotes/lakshmi-mittal/we-are-pleased-with-the-very-positive-reception-our-offer-has/) [Lakshmi Mittal](https://sms4smile.com/quotes/author/lakshmi-mittal/) > [When I think about parallels between myself and an Olympian, I believe that success in the world of business is underpinned by very similar…](https://sms4smile.com/quotes/lakshmi-mittal/when-i-think-about-parallels-between-myself-and-an-olympian-i-believe/) [Lakshmi Mittal](https://sms4smile.com/quotes/author/lakshmi-mittal/) > [We do not believe in oversupplying the market. When you are a large company, you can afford to do it. When you are a…](https://sms4smile.com/quotes/lakshmi-mittal/we-do-not-believe-in-oversupplying-the-market-when-you-are-a-large/) [Lakshmi Mittal](https://sms4smile.com/quotes/author/lakshmi-mittal/) > [I am very confident that we will be able to convince all the stakeholders - the shareholders, the governments and the employees, that this…](https://sms4smile.com/quotes/lakshmi-mittal/i-am-very-confident-that-we-will-be-able-to-convince-all-the/) [Lakshmi Mittal](https://sms4smile.com/quotes/author/lakshmi-mittal/) > [The danger, though - and there have been signs of this recently - is that Europe begins to demonstrate a return to more nationalist…](https://sms4smile.com/quotes/lakshmi-mittal/the-danger-though-and-there-have-been-signs-of-this-recently-is-that/) [Lakshmi Mittal](https://sms4smile.com/quotes/author/lakshmi-mittal/) > [There will be no job cuts arising out of this merger in Europe - this is in the interest of jobs in Europe.](https://sms4smile.com/quotes/lakshmi-mittal/there-will-be-no-job-cuts-arising-out-of-this-merger-in-europe-this/) [Lakshmi Mittal](https://sms4smile.com/quotes/author/lakshmi-mittal/) > [Its not always you get to hit the iron when it is hot. I believe in hitting it so hard, that it gets hot.](https://sms4smile.com/quotes/lakshmi-mittal/its-not-always-you-get-to-hit-the-iron-when-it-is-hot-i-believe-in/) [Lakshmi Mittal](https://sms4smile.com/quotes/author/lakshmi-mittal/) [Explore all 32 Lakshmi Mittal quotes ](https://sms4smile.com/quotes/author/lakshmi-mittal/) ## More Intention quotes > [I started out dancing on a reality TV show, but always with the intention of making my way over to film. I transitioned into…](https://sms4smile.com/quotes/julianne-hough/i-started-out-dancing-on-a-reality-tv-show-but-always-with-the/) [Julianne Hough](https://sms4smile.com/quotes/author/julianne-hough/) > [I have no intention of retiring. 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My literature has a universal concern: I want to bring people…](https://sms4smile.com/quotes/orhan-pamuk/it-is-not-my-intention-to-explain-turkey-its-culture-and-its-problems/) [Orhan Pamuk](https://sms4smile.com/quotes/author/orhan-pamuk/) > [Whenever any person in the creative field does a film, they think it is going to be of good quality or this is something…](https://sms4smile.com/quotes/akshaye-khanna/whenever-any-person-in-the-creative-field-does-a-film-they-think-it/) [Akshaye Khanna](https://sms4smile.com/quotes/author/akshaye-khanna/) > [If you don't plan to live the Christian life totally committed to knowing your God and to walking in obedience to Him, then don't…](https://sms4smile.com/quotes/kay-arthur/if-you-don-t-plan-to-live-the-christian-life-totally-committed-to/) [Kay Arthur](https://sms4smile.com/quotes/author/kay-arthur/) > [It's my intention to make something stand outside the realm of album art, but it also feels comfortable to me to be in it.…](https://sms4smile.com/quotes/john-dyer-baizley/it-s-my-intention-to-make-something-stand-outside-the-realm-of-album/) [John Dyer Baizley](https://sms4smile.com/quotes/author/john-dyer-baizley/) > [If you are not conscious of all of the different parts of yourself, the part of yourself that is the strongest will win out…](https://sms4smile.com/quotes/gary-zukav/if-you-are-not-conscious-of-all-of-the-different-parts-of-yourself/) [Gary Zukav](https://sms4smile.com/quotes/author/gary-zukav/) > [My intention is to knock out Andy Ruiz.](https://sms4smile.com/quotes/luis-ortiz/my-intention-is-to-knock-out-andy-ruiz/) [Luis Ortiz](https://sms4smile.com/quotes/author/luis-ortiz/) > [In ancient times, those who wished to illuminate the world with virtue first brought order to their nations. 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